# BI dan The Fed Kompak Jadi Merpati, Rupiah Terbang Tinggi

> The rupiah rose against the dollar on July 19, 2019, after Bank Indonesia cut its policy rate and expectations grew for a larger Fed cut. Market odds of a 50 basis point Fed cut rose to about 48%.

- Date: 2019-07-19 · published 2019-07-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/58421-bi-dan-the-fed-kompak-jadi-merpati-rupiah-terbang-tinggi
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A weaker dollar on expected Fed easing supports emerging-market currencies, lowering the local cost of dollar-priced feed imports.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- cnbcindonesia.com: https://www.cnbcindonesia.com/market/20190719112000-17-86120/bi-dan-the-fed-kompak-jadi-merpati-rupiah-terbang-tinggi

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.